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Cree Inc is Among the Companies in the Semiconductors Industry With the Highest Forward P/E Ratio (CREE, NPTN, AMCC, DSPG, NVDA)

By David Diaz

Below are the three companies in the Semiconductors industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Cree Inc ranks highest with a a forward P/E ratio of 89.48. Neophotonics Cor is next with a a forward P/E ratio of 87.05. Applied Micro Ci ranks third highest with a a forward P/E ratio of 37.89.

Dsp Group Inc follows with a a forward P/E ratio of 31.13, and Nvidia Corp rounds out the top five with a a forward P/E ratio of 29.15.

SmarTrend is tracking the current trend status for Nvidia Corp and will alert subscribers who have NVDA in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest forward p/e ratio cree inc neophotonics cor :amcc applied micro ci dsp group inc nvidia corp

Ticker(s): CREE NPTN DSPG NVDA